When in doubt, pray.
December 11 2012
Dollar Falls Before Fed Considers Added Monetary Stimulus http://t.co/TlbhsHlL via @BloombergNews
December 11, 2012
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Dollar Falls Before Fed Considers Added Monetary Stimulus
The dollar weakened against most its major counterparts amid better-than-forecast factory data from China and bets the U.S. central bank will add to monetary stimulus. The U.S. currency fell versus the euro and the yen before the Federal Reserve starts a policy meeting tomorrow amid forecasts it will expand bond-buying plans.